Google to Acquire Twitch for $1 Billion

May 19, 2014

Here’s BBC’s version of tonight’s news story about Google’s proposed $1 billion acquisition of Twitch; you can find many more stories of equally pricey deals during the last few years.

There’s no point in pontificating about a new Internet bubble. The maneuvering of high tech firms is so unusual this time around that “bubble” doesn’t begin to describe the shape. (more…)

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